Greg Mankiw's Blog

Random Observations for Students of Economics

Latest articles

A Podcast Interview

You can hear a recent interview of me by clicking here.

Modules for Introductory Econ

Here is some information for those teaching introductory economics using my favorite textbook.I have written four modules, or mini-chapters, with optional material that instructors can include in their courses. For instructors using the digital version of the book, these modules can be added for free with a few mouse clicks. As of now, there are modules...

The Declining Role of the CEA

According to this article, Tomas Philipson, the acting chair of the Council of Economic Advisers, has  tested positive for Covid-19. What caught my eye in the article was this sentence:A White House official told the Journal that Trump and Philipson spent little time together, though the two were seen standing close to each other on June 5 at an event...

Eater of Souls?

Rap for Econ 101

Some years ago, I plugged some rap songs designed to be used in classrooms for introductory economics. The creators alert me that these songs can now be found here. They also note that the songs on elasticity and regulation are their personal favorites.

Perhaps the Best Campaign Ad Ever

Maskin Lectures

My colleague Eric Maskin will be giving two lectures on voting theory on June 25.  Information here.

What I've been watching

Over the past week, I have watched the six-part HBO miniseries The Plot Against America, which came out in March. It is based on the 2004 Philip Roth novel of the same title and tells an alternative history in which FDR is defeated in 1940 by the fascist-sympathizing Charles Lindbergh through the eyes of a Jewish family living in Newark, NJ. Compelling...

Larry Summers Interview

A lot of wisdom here.

Comparing Two Recessions

Job losses during the Great Recession of 2008-2009 were largely permanent job losses. Job losses during the Great Shutdown of 2020 are largely temporary layoffs. The future course of the economy will, of course, depend on the microbiology. But the economy seems will situated for a rapid recovery if testing, treatment, and vaccine development allows...

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